Smart card payment and risk scenarios
نویسنده
چکیده
Current payment methods, that are based on cash and magnetic strip cards, are either expensive to use, or they do not offer enough security for payments. Smart card based payment systems offer several benefits over currently used cash and magnetic strip cards. Building and delivering smart card based payments systems is not an easy task. It includes several risks and some of them are addressed in this paper. We conclude that worst risks in delivering smart card systems are the lacking knowledge of merchants and card users needs and the cost of building wide-scale payment system.
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